38, HEDGEROW CLOSE, REDDITCH, B98 7QE - £135,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 HEDGEROW CLOSE is a large flat of 59m², built sometime between 2007 and 2011, which could now be worth an estimated £129,261. It was last sold for £135,000 in August 2022, which was around 12% above the average August 2022 flat price in the Redditch local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

38 HEDGEROW CLOSE Sold Prices

Land registry data shows two sales for 38 HEDGEROW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Redditch local authority area for the corresponding sale date. Both of the two 38 HEDGEROW CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 11 AUG	£135,000	£120,708	12% above HPI
2021 5 MAR	£123,000	£108,651	13% above HPI

What might 38 HEDGEROW CLOSE be worth now?

38 HEDGEROW CLOSE might now be worth an estimated £129,261.

This is based on house price deflation of 4.3%, between August 2022 and April 2026, for flats, in the Redditch local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.3% deflationary decrease is applied to the most recent sale price for 38 HEDGEROW CLOSE of £135,000 on 11th August 2022. For the value to have decreased from £135,000 to £129,261 over the four years and four months to April 2026, the following assumptions must hold true:

• The value of 38 HEDGEROW CLOSE has moved in line with the HPI for flats in the Redditch local authority area.
• The August 2022 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 38 HEDGEROW CLOSE has not materially changed since August 2022.

How Large is 38 HEDGEROW CLOSE?

38 HEDGEROW CLOSE is 59m² according to the EPC inspection conducted in August 2020. This puts it in the largest 40% of flats in Redditch, based on EPC data. 62% of flats are smaller than 38 HEDGEROW CLOSE, and 35% of flats are larger. Note that EPC data is not available for all properties in Redditch.

38 HEDGEROW CLOSE: Plot

38 HEDGEROW CLOSE sits on a plot of roughly 2.0 acres, or 7,985m².

Where is 38 HEDGEROW CLOSE?

38 HEDGEROW CLOSE is located in REDDITCH, in the B98 postcode district.